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Gaza-based Hamas leader Ismail Haniyeh was elected chairman of the Hamas Politburo, outgoing Politburo Chairman Khaled Meshaal said on Saturday.

In Gaza, which is controlled by Hamas since 2007, years of Egyptian restrictions, coupled with an Israeli blockade and three wars between Hamas and Israel, have devastated the economy and weakened the Palestinian Islamist group.

In 2013, Haniyeh was elected deputy head of the Hamas political bureau.

The 54-year-old served as Palestinian prime minister after Hamas' victory in the 2006 polls and continued to carry out official responsibilities despite being sacked by Palestinian president and Fatah leader Mahmoud Abbas.

Hamas dropped its longstanding call for Israel's destruction and severed ties with the Muslim Brotherhood in its policy shakeup announced at its main overseas office in the Qatari capital Doha last week.

The document, published Monday, labels as "a national consensus" the establishment of a sovereign Palestinian state along pre-1967 lines with the return of refugees to their homes in Israel.

It also says its struggle is not against Jews due to their religion but against Israel as an occupier.

"He was one of the leaders who believed that participating in the political system would make the global community open their arms, strengthen the Palestinians, and force Israel to deal with Hamas".

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Even with the cooling of exports and imports during the month, the outlook for global trade looks relatively stable. Year-to -date, the goods and services deficit increased 7.5 percent compared with the same period in 2016.

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